Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-12-22

Die sum. he 06lleFe0 IN z pour treasury
and rich people. He was in favor OF
paying every doll,r as fast as it csme IT,
70 the Ire asury in payment Of the current
obligations of tue government, and Sec
ond, in payment of the debt. He pre-
sumed the adjournment resolution would
psss, but he believed that it would not be
| with fair regard to the public interest
| Cr TO the duty which rested On the Sen
ators and Representatives.
Mr.. Beck said he did not propose to 60
into debate in regard to the Pre- sident's
policy. On the resolution for the holiday
| recess, he presumed that the resolution
would prevail, and he did not know any
exception to the rule which had prevailed
till now. He could not understand why
the Sennte should now, on 5 motion like
| that, get into discussion as 10 the Presi-
| dents p Jlicy when they would have all
xt year fer it, but there were some
| ihings which the country ought to know
! 10 connection with the statement OF the
| Senator from Kansas. The Senator had
not told the public that the policy
Of the Republican party by imposing
and n 2intstnipg unnecessarily high tax
alton had produced the Treasury surplus
and that that same party WAS determined
| TO hold Il there or to waste it in such
schemes as the Republican party might
desire. The Senate had not told the
public that the Republican party had 80
adjusted the debts Of the
United States that they could
not be paid with money
thus brought by high taxation into the
Treasury unless such premiums were
paid to the bondholders as tn y might de-
mand. The policy OF the Republican par
ty had postponed the payment of $780,
O0G, 600 until 1890, and $4,000, 900 till
1907. The President had paid every dol
lar of 3 per cent. bonds that was payable
without paying premium, which
the bondholders might see lit 10 ask The
Democratic party, headed by the Presi-
deEt, was endeavoring to reduce the
taxes so that the large surplus should
not come into the treasury. All that the
President had eaid was that it was not the
proper thing for him as the Secretary of
the Treasury to pay $50 or $3.50 for
every 500 of public debt, and
Congress TO reduce the taxation
Of the people down to point that there
would not be surplus. He thought that
the course of the President and OF the
Democratic party would be fully vindi-
Gated, while it will be hard for the gentle
men on the other eide to explsin why
they had kept up the taxatIon~EVhich they
had.
Mr.. D olph argued that If proper sppro-
priGtions were made for rivers and har-
bor5 and public buildings and coast liuc
Notifications, for dependent pensioners,
for the encouragement Of American COM
merce and for the Nicsrauguan canal,
| there would be no surplus, and he
| thought such z policy was to be pre-
the tariff. # the Senators
would but take their eyes from the in
creasing surplus in the Treasury and
| cease TO bemOan prosperity and to make
the people dissatisfied with the burden OF
taxation which they did not feel, and
would devote their energy to the country's
resources, including manufactures, ships,
farms, mines and forests, they would De
wiser than they were.
Mr.. Vest said in reference to what he
called Mr. Dol his solicitude for building
an American marine, that there was g
| bill pending, introduced by Senator Cam
! eron in behalf Of the Red Star Line steam
ers from Philadelphia, line owned ell
tirely By American c1tiz Ems, giving the
| privilege of sixteen steamers of that liz e
|
| IL TO foreign ports, and he undertook
| to say that not one Republican Senator
would record his vote IN favor of that
| bill The Souator from Oregon, with all
MS soliciyude for American merchant
marine, would not vote for it, and why?
Because the Republican Senator's did not
propose TO touch the infs-
nous navigation laws or make
break ia the. solid compact which
they had made with the protected indus
tries OF the country by tariff legislation.
They feared lest crevasse might be
created in that long line OF protected in
dustTies which might result in deluge. |
Ia response TO Mr.. Plumb's criticism of
the President for vetoing the river
snd harbOr bill he reminded that |
Senator that the most virulent attacks |
uoon that eli had come from himself |
(Plumb.) He had fought the bill by sec
lions and in the aggregate, had ridiculed |
it, denounced it and voted sgslDst it |
The executive had only acted in the line |
of the Senator's arguments. The Presi- !
dent hsd in his annual message dedaed |
the issue between the two parties, and he, |
(Ves1) endorsed that message from |
beginning to eud. He was prepared to |
go into the canvass upon it and whatever |
the result might De, ne declared now
publicly that If the President had done |
nothing less than write that message he |
had proved himself to be an honest, brave
and patriotic man, and worthy the leader
ship OF any psrty that ever existed in the
history OF this country
Mr.. Plumb alluded TO the fact that not
withstandiDg the alarm that the President
had spoken of, the Democratic house of
Representatives was not yet even organ
iZed in its committees and that the only
response which the House had made to !
that cry of alarm was the passage of
bill to pay months extra compensation
to lot of its own employees whom 1t had |
discharged to give offices to another lot.
Teller criticises the President for en-
deavoring to create public alarm in order !
to carry out pet scheme for reducing the
tsriff He argued that there WAS not so
much surplus in the treasury as should |
necessitate any haste or cause Of alarm.
Mr.. Stewart Was satisfied from the dis
cussion to-day that Congress ought not
to adjourn for the holidays. AS to the |
surplus, he was satisfied it would con-